July 16, 2026 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Friday the 17th of July 2026, Social Development Minister Louise Upston is celebrating 5,000 more people than last year off the benefit and into work, Labour Social Development and Employment Spokesperson Willow-Jean Prime shares her thoughts.
The All Blacks face a mighty challenge to their unbeaten record at Eden Park against the Irish this weekend, Newstalk ZB Voice of Rugby, Elliott Smith shares his thoughts.
Informetrics says New Zealand is on the cusp of an economic recovery if fuel prices stay down, ASB Chief Economist Nick Tuffley tells Ryan if we're on the right track.
Plus, UK Correspondent Vincent McAviney has the latest on Sir Keir Starmer awarded Ukrainian honour the Order of Freedom during his final visit to Ukraine and the UK government has said "the World Cup might not be ours, but the Falkland Islands definitely are," after Argentina players celebrated their victory over England by waving a banner in support of their country's territorial claim.
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Speaker 1 (00:00):
The issues, the interviews and the insight. Ryan Bridge on
early edition with Spunk for Business Technology that keeps business
moving news talks.
Speaker 2 (00:10):
They'd be very.
Speaker 3 (00:11):
Good morning to you to six, half to five, Welcome
to Friday. Coming up, we look at the beneficiary numbers
at the top of the vin since in the UK,
for US, the Falkland Islands are ours. Is the UK
government after they lost the football Elliott Smith on the
ABS and ASB on our economic bounce.
Speaker 1 (00:25):
Back the agenda.
Speaker 3 (00:27):
Let's Friday the seventheenth of July. So Rans now asked
the Hohofys you know, their allies, their friends, to shut
the Red Sea route if the US targets any power infrastructure. Meanwhile,
the US is now its fifth straight nighted strikes.
Speaker 2 (00:41):
And we're doing really well with Iran.
Speaker 4 (00:45):
The Islamic Republic of Iran is not happy right now.
Speaker 5 (00:49):
They want to settle so badly.
Speaker 2 (00:50):
They don't like what we're doing and they do want
to settle.
Speaker 4 (00:53):
We'll find out whether or not we settle with them
or we just finish it off.
Speaker 3 (00:56):
Do you remember the very start of all this there
was a bombing of a school in a row. Well,
this military insider reckons the fact that the US initially
denied there was a bombing is making it very hard
to find out actually what the hell went on.
Speaker 6 (01:07):
Is Denials and exchanges with journalists ultimately undermines our efforts
to follow the established process and push behind the scenes
for total transparency. And yet the president keeps doubling down.
Speaker 3 (01:21):
Starmer's doing his farewell tour. It includes Ukraine. He's been
there in the last twenty four hours with a bunch
of more money.
Speaker 7 (01:27):
I say very clearly the UK support for Ukraine will
not waver because it has not wavered since the outbreak
of this conflict. The British people understand what is being
fought for here, our freedom and democracy values that we
will never take for granted.
Speaker 3 (01:42):
Speaking of taking well, the Falkland Islands are definitely back
in contentent this morning, so a bit of controversy after
that loss to Argentina of course for the English, so
their players from Argentina now might get a fine for
unfiling the banner that claim the Falkland Islands belonged to them.
Speaker 1 (02:00):
We know that.
Speaker 8 (02:01):
Political messaging and slogans are banned by FIFA, so they
absolutely should investigate. It was a very silly banner. The
fact is the Falkland Islands are British. Winning a football
match Argentinians does not mean you can have the Falklands.
Speaker 1 (02:16):
Still hams off Hewrett first, Ryan Bridge on early edition
with Spark for business Technology that keeps business moving.
Speaker 3 (02:25):
News talk z'd be nine two nine two is the
number of text would love to hear from you this morning.
I wonder if you went into a pub yesterday and
said to your average British punter if you could have
the Falkland Islands or a FIFA World Cup win, which
one they would take? I would hazard a guess that
would be the latter. Now, a couple of you know
we've got so many new Zealanders that move to Australia.
(02:46):
Well we now I'm going to do a regular segment
on Kiwis and Oz on the GC wherever they are.
This one is Mike Bush. You will know the name.
He was the top cop because silver here, brill cream back.
Quite a slick looking guy, talk slowly. He was in
charge March fifteen. So there's a story from the ABC
about him. Overnight. He's now the Victoria Police chief over
(03:10):
there is the top police boss in Victoria and he
was driving into the city on Wednesday in Melbourne, sees
a man running from police officers. They were trying to
arrest him. They tried to taz the room. He was
apparently carrying a knife. Turns out it was a chisel,
but that's by the bye. Anyway, he leaps out of
his car on the way to work and arrests the
(03:31):
man himself. So he's been praised quite highly in the
media this morning. Now our other key we export just
Cinder Adurn, causing controversy because Ossie taxpayers are footing the
bill eighty thousand dollars bill for tickets for bureaucrats to
go and see just Cinder a Durn speak. Do you
(03:52):
want me to say that again? Eighty thousand dollars. I
know it's crazy. So this is tickets. It's a women's
leadership so, headlined by the former New Zealand Prime minister,
five agencies paid between ten and twenty eight grand each
on tickets for this woman Unlimited Leadership Summit. It's happening
in August. Passes retail for four four hundred and ninety
(04:15):
nine dollars for a ticket. That's more than Taylor Swift's
VIP Australian tickets, I'm told, but hang on, I'll get
to the detail in the second. But this all comes
of course. You know, we spoke about Jim Chalmers and
his budget that he passed recently, and government spending at
the moment is forty years high in Australia. So he
said to the government departments, hey, time to tighten your belts.
(04:38):
Does this sound like belt tightening to you? Department of
Climate Change, Energy and the Environment and Water a lot
on their plate, fifteen thousand dollars on tickets, the Australian
Taxation Office really just to stick the knife in ten
thousand dollars on tickets. A lot of defense and cyber
intelligence and intelligence community going as well. It's build as
(05:02):
two days of insights and strategies led by Dame Decinder
Adern and other inspiring minds in leadership, followed by two
post summit online seminars that form a three month extended
learning journey. Now, the best part of the story is
what happens when you're there. Participants will take part in
networking bingo and while you are listening to sinder Adern
(05:25):
as lecture or speech or sit down fireside chat, there
will be Power pauses to reflect on key takeaways. So
the tickets ranging from twenty seven hundred the four and
a half grand one that they bought plus gist is
for VIP seating. So there you go. There's your kiwis
and ods today Bryan Bridge the Good and the Bad
(05:48):
twelve after five News Talks b We'll look at our
economy next.
Speaker 1 (05:51):
See Early edition full show podcast on iHeartRadio powered by
News Talks at me before the news breaks at first.
Ryan Bridge on Early Edition with Spark for business technology
that keeps business moving News Talks.
Speaker 3 (06:07):
There'd be five fourteen Ryan Jasindra Doom was our greatest
prime minister ever, So money well spent. I would say,
come on, I mean, I'm not arguing with you about
the merits or otherwise of just Sinda done as a
prime minister, but paying four and a half grand in
tax payer money. This is the Australians, by the way,
if you're just turning in and freaking out Australian bureaucrats
(06:27):
four and a half grand for VIP tickets to go
and hear our former prime minister speak is part of
a woman leadership series. That is a lot of money.
As I said, more than Taylor Swift and Taylor Swift
she can sing, you know, she's amazing. Hey, very quickly,
Donald Trump is going to do a speech. It's one
pm our time this afternoon, so after you've had your lunch,
you better sit down and watch Trump talk for about
(06:48):
four hours. He's going to talk about the elections. He's
going to talk about quote a couple of other things.
So maybe we'll hear about Iran as well. It is
quarter past five, Ryan Bridge, Right, he's zeeling on the
husp of an economic recovery if fuel prices stayed down.
It's according to a new report out this morning from Informetrics,
it's forecasting GDP to hit four year high two point
(07:09):
seven percent by mid next year, the OCR up to
three and a half percenter's conditions improved. Nick Tuffy asb
chief economists for the this morning. Hey, Nick, good morning. So
about on the money.
Speaker 9 (07:22):
Well, when we think of an annualized pace, you could
get growth up to about a bit over three percent
through the middle of next year, but you know, hitting
near for the full year next year growth just under
three percent, So that's fingers crossed. We do get a
bit of a decent rebound coming through in the second
half of this year.
Speaker 3 (07:42):
What about price to fuel or seeing all these stories
about go and fill up now because the price is
going to go up soon.
Speaker 9 (07:49):
Well, there's definitely that risk that they do go up
a little bit. When you look at the wholesale market,
it's at least so far the price of ale use
it's gone up a little bit, and refinery margins have
gone up a bit, But no we near the sorts
of moves that we saw early on in the war
hit and there was a lot of stress on there.
So I'm very hopeful that we're not going to see
anywhere near the sorts of lifts of fuel prices that
(08:11):
we saw, and they're going to remain substantially off their lows.
And particularly that price of diesel is the important one
because that's moving around so much of our goods and
that's where a lot of the cost pressure we've been
coming from. Earlier on in the air.
Speaker 3 (08:24):
We had beneficiary numbers out yesterday. They're up again. Unsurprisingly
given the state of things. It's although slightly I think
it was one percent quarter on quarter, But where is
that going to go? And if we get a coalition
government and again we're likely to get another round of
job cuts from the public service. What does that do well.
Speaker 9 (08:42):
We think we'll see unemployment in the short term, so
sitting around there sort of five point three five point
four percent mark. So just in the short term, you know,
employment itself being relatively soggy, but also you've got the
immigration picking up. As we head over next year, we
expect that unemployment will gradually gradually fall and we'll be
(09:02):
back below five percent whilst we're tracking through to the
end of next year. So I look gradual turnaround on
that front, but as resumption of growth, resumption of employment,
which is going to help strengthen things on that front.
Speaker 3 (09:16):
Fantastic. That's what we like to hear, although I didn't
like to hear the word soggy from your neck, thank you.
Speaker 9 (09:20):
Nick.
Speaker 3 (09:20):
Tayn is seventeen after five bit soggy that unemployment number.
But Kathy says, morning, Ryan. Have you had KFC yet, Kathy, No,
I haven't. This is after the H five flu thing yesterday,
the bird flu thing. We've got one sick bird. It
doesn't mean we won't have a million sick birds, but
let's not freak out too really, And no, I haven't Kathy,
(09:44):
I have not had CAVEC yet because Andrew Hoggard said
to me, you say you can still at cave C.
People were asking you about that. Of course, maybe I
will this weekend, Kathy, we'll get to a little bit more,
a little few more tidbits from Trump on what he's
going to say. When has the speech this up? And and
also an update from the Pacific Islands Forum. You know,
(10:04):
China fired the missile and then Winston said, well, PIFF,
which is the Pacific Islands Forum, PIF will come back
with a statement. We haven't got one yet, but a
few clues on what they might be saying. Eighteen after
five News Talks AB the.
Speaker 1 (10:18):
Early Edition full show podcast on iHeartRadio, powered by Newstalks
at b US and Views you Trust to start your day.
It's Early Edition with Ryan Bridge and Spark for Business
Technology that keeps business moving.
Speaker 3 (10:34):
News Talks AB three past five Caroline Levers giving a
briefing at the White House at the moment. This is
ahead of Trump's speech at one o'clock today, and they're
looking at expanding what they're doing in a row because
they kind of have to do something. I mean, the
Strait isn't exactly free and flowing, is it, despite what
he might be telling you. And it was never going
to be easy, and this is the problem, and you
(10:54):
have to commit a whole bunch more assets, a whole
bunch more potentially troops, certainly a lot more because the Iranians,
for you know, apparently obliterated, I think was the word
that Trump used initially. Well, they're still firing cruise missiles,
they're still doing drones. They've killed nearly a dozen in
the straight in the last week, So maybe that'll be
(11:16):
something he can address. Certainly. Caroline Levetta Is I thought
she was going on maternity leaves. She back already. I'll
have to figure that out for you and let you know.
It is twenty one after five Bridge. We've got the
Abs and the Irish at Eden Park this weekend. Reddy's
made a few changes ahead of the sold out game
or is it sold out? Josh Morby, who had a
fine debut last weekend, is then to start on the
(11:36):
left wing.
Speaker 10 (11:37):
Josh is very good defensively. I had a really good
understanding of how we want to defend. For him to
come on quite early and play with that sort of
confidence was awesome, So it gives that's a lot of
confidence to throw them out here.
Speaker 3 (11:50):
Alit Smith News Talks he'd be Voice of Rugby with
us this morning, ol Good morning morning Ryan. So the
unbeaten record is going to hold.
Speaker 11 (11:57):
I think it probably will hold in the end. Look,
it's been under three. It's most famously from South Africa
last year and they came down and the All Blacks
managed to hold on there. This Irish team, I think
always will put the frighteners up in New zealand give
them what they did the last time they toured here
in twenty twenty two. But it's probably worth remembering that
the All Blacks haven't lost to Ireland since the end
(12:18):
of that tour. Beat them in twenty three at the
World Cup, beat them in twenty four in Dublin, beat
them in twenty five in Chicago. So the All Blacks
have managed to get on top of this Irish team
over the last couple of years, and that's with a
coach that was discarded for not being on the right trajectory.
So I think this All Blacks team should be too
good for at Irish team, which is probably on the
come down from where they were in twenty twenty two
(12:41):
to twenty twenty three, when they were considered one of,
if not the best team in the world. So look,
I think the All Blacks should be too good tomorrow night.
But I think it'll be close. Good lineup, yeah, I
think so, look at it. The All Blacks have made
a couple of changes. I'm unconvinced by Tubo I moving
to blind soide flankard. They've really wants a bit more
size there. It's never quite worked in the opportunities that
(13:01):
he's been given there previously. You're moving a lock to
fly on the blind side and it doesn't come exactly naturally.
But I can see why they want to do it.
They want to combat and try and pick off the
Irish lineout and give them a bit more size and
options there on either the Bull or the Irish Bull.
And Josh Morby, as we heard from there with Dave Rennie,
very very good last week. He's good under the high ball.
(13:22):
Doesn't mean Caleb Clarke on his home turf means you
have come off the bench and had a bit of
impact later. But Josh Moilby was undeniable last week. I
thought against against the Italian so worthy of an opportunity. Otherwise,
a pretty much a full strength team by and large
from Dave Rennie for this game against Island who I'm
missing a couple of players themselves, But look, I think
by and large the All Blacks have picked a pretty
(13:44):
strong side for this one.
Speaker 3 (13:45):
Hey, Raising used to have a bit of a problem
with the end bit of the game, Rennie, seems to
be the first bit of the game. Are we going
to sort that out? Thank you?
Speaker 11 (13:52):
Would be good, wouldn't it. First two weeks of Dave
Rine's Senior considered an early try in the first two
or three minutes. I sought that out along with the
TMO as you mentioned earlier in the week, Ryan, and
we might be flying from the All Blacks. So look,
there's been positive signs in the first couple of weeks.
Last it was maybe a tiny we step backwards from
France and christ Church, but I think bill Blacks will click.
They really love playing at Eden Park and try to
(14:14):
make it, you know, not the fear of losing the record,
but embracing what it means to play there. They get
everything right, it clicks. Hopefully the All Blacks win and
will well to my night.
Speaker 3 (14:24):
Good stuff, Elliott Elliot Smith, News Talk, zeb's Voice of Rugby.
That's on ZB Saturday. It is twenty four after five.
Speaker 1 (14:31):
Ryan Bridge.
Speaker 3 (14:31):
I tried to actually look for tickets because I said,
Eden Park, it's just down the road. Could go along
on Saturday night. It's not technically sold out. I don't
know how full it has to get before they say
it's sold out. But it's not one hundred percent because
you go on there and there are still tickets Availablely,
you have to be on your own in certain parts
of the stadium, or you can pay one. There were
(14:52):
two tickets next to each other still for sale. I thought, oh,
how much are they? Three hundred and thirty dollars Speaking
of ticket prices this morning, three hundred and thirty dollars
per ticket. It was a VIP package, but you had
something obstructing your view, presumably some sort of column or pillar,
which there's a lot of money for potentially seeing not much.
Twenty five after five, twenty seven after five news talks,
(15:15):
there'd be welcome to New Zealand, land of earthquakes, stormy
weather and absolute natural beauty. Another reminder overnight of just
how shaky these aisles can be. I hope everyone's all
right this morning. It's always a bit hard to get
back to sleep after you get a decent jolt, and
it sounds like you had a decent jolt in the
Deep South last night. We've always had storms, of course
damage from storms in this country, but of late we've
(15:36):
had more, more often doing more damage. That's according to
the insurance companies. All right, they came out and said that,
and it's costing more. We've got a bird sick and
patoni and people are freaking out. It's not yet clear
how that situ situation is going to play out poultry wise,
but it is again another reminder of threats to industry
that you cannot control, like foot and mouth, which if
(15:58):
it took hold here would be stating. All of this
is to say there are a lot of things that
can go wrong in this country and do go wrong
in this country, and often enough that it's actually quite predictable.
You know, we are in the top ten countries for
earthquakes around the world, so it's not surprising, although it
is still shocking when it happens. So we need a buffer,
we need headroom, we need room for borrowing. And this
(16:20):
comes to the point about debt, and the political parties
haven't yet told us where they are at with debt. Okay,
National has set out the trajectory as part of a government.
But when are we going to hear from labor about
their borrowing limits? When are we going to hear from
New Zealand first about how much they think we can handle?
(16:40):
Because debt servicing, this is paying for the interest on
the debt is now the fourth largest line item on
the government's books according to Treasury, and the interest bill
has gone from three point six billion dollars a year
in twenty fourteen to now nearing ten billion dollars a year.
(17:01):
That's just servicing the interest. It's more than we pay
for police, for corrections, for Ministry of Justice, for customs,
and defense combined defense included. So I think it's high
time and last night was a good reminder that the
political parties come out and tell us exactly how much
they think we should be borrowing and when we should
be paying it back.
Speaker 1 (17:21):
Ryan Bridge, if.
Speaker 3 (17:23):
Every nine after folk. Caroline Leavitt, by the way, Kinsey's
just told me, is back from her maternity leave already,
which she left late April, so she's had two and
a half three months. Will that be normal? I don't know.
I've never had it and I never will. News Talk
(17:43):
zeb We're in the UK.
Speaker 1 (17:45):
Next the early edition Full the Show podcast on iHeartRadio
powered by News Talks ev Ryan Bridge on early edition
with Spark for business technology that keeps business moving. News
Talk zby.
Speaker 3 (18:14):
Four away from six year on News talks 'b Why
on Earth? I'll be playing this April Levende song to you.
This is skater Boy. You might remember it from the
early two thousands, early to mid two thousands. Apparently she
sung this avel. Evended at Taylor Swift's wedding to Travis
Kelcey at Madison Square Garden just a few weeks ago. Now,
Stevie Nicks was there. Stevie Nicks played too. It's a
(18:37):
bit of a banger if you're of the right generation, right,
if you were interested in the football yesterday, and I think,
well globally a lot of interests in New Zealand. Yep,
it's a bit of interest here too. Goldman Sachs correctly
predicted because everyone thought it was going to be France
that go through to the final and then France would win.
Goldman Sachs correctly predicted more than a month ago that
(18:57):
we would have an Argentina Spain final. So they're onto something.
They have a model that they have been using and
they've refined since twenty fourteen. They look at a team's
past performance, they look at the scoring talent, they look
at the momentum, and they also look at the geography
because teams tend to perform better when they are closer
to home. So they put all of those things together
(19:18):
and they correctly predicted three of the four semi finals,
and they correctly predicted who would be in the final,
and they think Spain. Wireman, there you go, twenty three.
Speaker 1 (19:28):
To six, Bryan Bridge.
Speaker 3 (19:30):
We'll get to the UK in about ten minutes time,
by the way, and we'll talk about the beneficiary numbers
just before six. But now it's to go to our
reporters around the country. Clum and Eden Morning Callum, Morning, Ryan.
How was that quake for you?
Speaker 12 (19:43):
I think I'm the only one in the South Island
that didn't feel it.
Speaker 3 (19:48):
In my sleeper.
Speaker 13 (19:49):
Well, I was up walking about at the time and
then the dog jumped on me.
Speaker 3 (19:53):
Right at that moment.
Speaker 12 (19:54):
I said to the wife that it was just the dog.
She says, no, no, no, it was more than the dog.
Speaker 3 (19:58):
It was.
Speaker 13 (19:59):
It was an earthquake, and in fact it was confirmed
as such, and it's been locked in at a six
point three magnitude earthquake.
Speaker 2 (20:06):
Ryan.
Speaker 13 (20:06):
It was downgraded initially to five point nine, but it
looks to have been confirmed now six point three.
Speaker 12 (20:12):
It was struck about nine point fifteen last night.
Speaker 13 (20:15):
It was centered forty k's north of Tiano at a
depth of fifty one kilometers. Civil Defense briefly announced the
tsunami warning for the southern West coast from Milford Sound
Down before downgrading that alert. The Geonette website suggests more
than eighteen and a half thousand reported feeling the quake
from as far away as in the Cargo. Also, Omaru
(20:35):
callers to newstalk's He'd Beat described ladders, shaking, clock, pendulum swinging.
The districts south and district council says some houses have cracks.
Speaker 12 (20:43):
But it seems like everyone's most of the okay.
Speaker 3 (20:45):
That is good news. How's your weather?
Speaker 12 (20:47):
It's fine, heyrees today, light winds fourteen the high nice one.
Speaker 3 (20:50):
Thanks Callum and Clears and Christ. Its morning, Claire, good morning.
You've got a merger between Selwyn and christ Church councils potentially.
Speaker 14 (20:59):
Well look here, it's certainly not off the table, but
it's not a front runner either. Selwyn District Council is
consulting residents over the next ten days on three options.
That is to become a standalone unitary authority, to merge
South with Ashburton, or join christ Church and Wymukededdi. Now
most Selwyn councilors favor the first two options. Meyor Lydia
(21:20):
Gliddon tells us she hears concerns about a christ Church
merger from residents daily. She says they wanted to put
an option up to test the sediment within the community,
even though it is not necessarily a preferred option. Christ
Church is considering staying by itself or potentially combining with
either Selwyn or North to Way. Mukdeddi Film Major says
(21:41):
the merger could work. Varci hasn't campaigned too hard.
Speaker 8 (21:44):
On the idea.
Speaker 3 (21:45):
All right, how's your weather, but frosty out there this morning.
Speaker 14 (21:48):
She'd clear to find light winds and thirteen degrees.
Speaker 3 (21:51):
One, thank you and Tobias and Wellington has good morning rhyme,
what's happening with the headstones and Potida.
Speaker 4 (21:57):
Well, this is a warning that's been put out by
city council. So it says it's been made aware of
certain people engaging with a family to arrange a headstone
for their late mother in one of the city cemeteries.
This morning. Family has now unfortunately been left substantiously substantially
out of pocket after dealing with what they're calling a
suspicious headstone provider. We've seen similar The four families paid
(22:21):
thousands of dollars last year to a Hamilton based company
for headstones that were just never delivered. The council says
police may now be involved as the family paid money
and have no headstone to show for it. The Council's
urging people to be vigilant and ensure those being dealt
with are part of a registered monumental mason company.
Speaker 3 (22:39):
What a terrible thing to do. How's your weather?
Speaker 4 (22:42):
It's going to be an all around fine day here
in the capital. Few northeries but otherwise suns out and
thirteen degrees the high.
Speaker 3 (22:48):
Thanks to birds. Have a good day mate. Wendy's in Auckland.
Good morning, Wendowing morning. Always love you to see you.
Does man need a bit of security?
Speaker 5 (22:54):
Do you reckon Auklandia Wayne Brown says he is exploring
additional security measures after a dunkin man took a swing
at him at a National Party fundraiser dinner last month.
The mayor's account conflicts with the other descriptions of a spat,
which describes sharp words and broken glass, but no attempted violence.
A statement from Brown's office link the incident to what
(23:14):
he's called a threatening sentiment stirred up by lobby groups
like the Auckland rate Payers Alliance. In response, the alliances,
the idea that groups calling out the mayor for his
record high rates rise and behavior at council meetings is
somehow provoking violence is bizarre.
Speaker 3 (23:29):
Again, he would have been on his crutches then, to
remember he got his hip or his knee, But I
always forget which one done. So that you shouldn't have
had a man like that. Should we shouldn't hit a man? Ever?
How's that weather?
Speaker 5 (23:40):
Well, God, it's been lovely, hasn't it?
Speaker 15 (23:42):
So?
Speaker 5 (23:43):
Some cloudy parents the odd shower this morning, then it's fine, southwesterlies,
a high of sixteen degrees and just a tip. It
looks like the weekend is looking good too.
Speaker 3 (23:51):
Dvine Wendy Vine good news, good news, eighteen minutes away
from six year on news talks. He'd be Britain by
the way. We'll get its new prime minister next week,
Andy Burnham coming into office and he will be happy
with the GED as happy as you can be. GDP
grew byero point one percent in May, but it did
shrink by point one in April. For the quarter January
(24:12):
to March it was up point six, so I mean
at least it's going somewhat even a little bit in
the right direction. Before he takes office and takes over
from Starmer who's been in Ukraine, it is eighteen two six.
Now we'll get to the UK next and we will
hear about this. This is King Charles pouring a pint
after England lost the football.
Speaker 5 (24:34):
Maybe it's a good day to drag a few sorrows.
Speaker 3 (24:38):
Indeed, we're in the UK next International correspondence with ends
and eye insurance, peace of mind for New Zealand Business
quarter to six will talk unemployment in the second. First
it's going to our UK correspond to Vincent macavn e.
Vincent Starma's been in Ukraine with more money.
Speaker 16 (24:55):
Yeah, that's right. His final visit as Prime Minister. He
thought he might have been going to the World Cup
final on Sunday, but no. His final visit is to Ukraine,
where he's announced around a quarter of a billion pounds
fresh funding for Ukraine and its battle against Russia and
including sixteen new advanced aircraft. And whilst he was there,
(25:17):
he was awarded a medal an Order of Freedom by
President Vladimir Zelensky, the highest civilian honor of Ukraine, for
his unwavering support. It's something that Salmas sort of touched
on yesterday when he was at PMQ's saying it was
lasked about his sort of proudest moment and he said
that it was for the country. He said, the moment
(25:39):
when Zelenski came to the UK after that awful meeting
in the Oval Office and he was greeted by rapture
of s applause by people who just came out to
Downing Street to see him, and the sort of way
that the UK has supported them with the rest of
Europe and the Trump administration. So a big day for
him in Kiev today, and.
Speaker 3 (25:58):
The UK government not happy about that after they lost
the football we use today.
Speaker 16 (26:04):
Yeah, very unhappy this banner, which read last Malvinas on Argentinas.
Last Malvinas is the Argentine name for the Falkland Islands.
Of course, the war that was fought between the nations
over the islands in the early nineteen eighties is a
sore point for the Argentinians. The UK government has said
the World Cup might not be ours, but the Falkland
Islands definitely are, and when asked the Prime Minister spokesperson
(26:28):
about his thoughts on the final he said, we're cheering
on the teams, especially Spain, so that is the mood
from Downing Street. There is the prospect of disciplining action
from FIFA because of holding that banner, and there are
strong calls from UK politicians for FIFA to do so
because there was an incident a couple of years ago
where FIFA took huge issue with UK teams having a
(26:52):
poppy on their shirts during Remember and Sunday period and
saying it was a political symbol and that wasn't appropriate,
and there was a huge backlash in the UK saying
this is sort of beyond the political symbol in this country.
It's about remembrance and FIFA were very difficult in that issue.
So there is hope now that they'll take some action
against Argentina over this.
Speaker 3 (27:12):
Absolutely, how good to have you, Vincent Macavini are UK
europe correspondent. It is twelve minutes away from six Bridge.
You talk said. The number of beneficiaries on job seeker
went up at percent over the last quarter. Two hundred
and eighteen thousand people right now are receiving a benefit
because they can't find a job. The target by this
government is one hundred and forty thousand that needs to
(27:33):
happen by twenty thirty. Government reckons eighty six thousand people
found work and stop their benefit in the year to June,
up six thousand on the previous year. However, clearly there
have been more people going on as well. Labor left
office with about one hundred and ninety thousand on this.
Will Ogen Prime is a Labour's Social Development employment spokesperson
Will e Egen. Good morning, Good morning, Brian. What do
(27:54):
you put that down to the fact that people are
more people are going on the benefit.
Speaker 2 (28:00):
Up?
Speaker 15 (28:00):
That down to the failed promise of Christopher Luxin to
improve the cost of living to fix the economy and
their promise.
Speaker 2 (28:07):
Of reducing job seeker beneficiaries down by fifty thousand.
Speaker 11 (28:12):
What we have seen.
Speaker 2 (28:13):
International is an increase by almost more than twenty eight thousand.
Speaker 15 (28:19):
Moving on to job seeker support.
Speaker 3 (28:21):
The economy, isn't that like if you don't fix there,
because you don't have a good economy, there aren't the
jobs people, then they won't be able to go and
get the jobs.
Speaker 2 (28:30):
That's right, and Chrystopher Leuxen when coming into government, promised
that he would fix the economy. But instead what we've
seen is more go on to job seeker benefit and
also unemployment numbers are higher under this government. We've seen
this government make investment decisions into the wrong things like
tobacco companies and landlords, and the cut and delaid infrastructure
(28:54):
projects which in building and construction led to a loss
of twenty thousand jobs are in that sector alone.
Speaker 3 (29:01):
Some of the projects were done though, what about so
I mean you've agreed it's the economy. So if labor
was in government, are you saying that we would have
more economic growth than we currently have and therefore there
would be more jobs.
Speaker 2 (29:17):
So Labor is committed to a long term investment and infrastructure,
making sure that we are building the road, the hospitals
that we need.
Speaker 3 (29:26):
But what I'm asking because you said it's national fault,
because if it's nationals in government and we don't have
the economy to support the jobs. So are you saying
if labor was in power right now, we would have
more growth than we are currently experiencing.
Speaker 2 (29:39):
So what we're dealing with is what the government promised
they would deliver and the fact we don't know through
this report.
Speaker 3 (29:46):
You said that, But what I'm asking you is if
we had voted for you, would it be different.
Speaker 2 (29:52):
So if well that the fact is that that didn't happen,
and we have the government making a promise and then
say failing to deliver on their promise. What Labor is
saying coming into this election is that we will do
things like we will expand the apprenticeship boost out to
two years and to more areas in the trades, and
(30:14):
that will create real pathways to employment, to qualifications and
higher wages for people.
Speaker 3 (30:21):
Do you know what growth was for the March quarter.
Speaker 2 (30:24):
I don't have that figure on me, but what I
know is that the job seeker numbers grew.
Speaker 3 (30:29):
Do you know what it was for the last three.
Speaker 2 (30:30):
Thousand and so the job second numbers grew by three
thousand to March nine thousand this time last twenty eight
thousand under this government.
Speaker 3 (30:42):
You know what growth was for the year, even.
Speaker 15 (30:45):
I don't have that forgerumby Ryan, do you yeah, I do.
Speaker 3 (30:49):
It was a one and a half percent to March.
This was the most recent number we got. Of course,
we don't get Jones until September. But the point is
you've come on here and you've told me that all
of those problems you're outlining about jobs to do with
the economy. However, you don't know how much the economy
is growing by or whether you were doing better. You
know what I mean?
Speaker 2 (31:06):
Dis government, which dis government Ryan promised that they would fix.
And what I am hearing and what I am seeing
is that our communities are in a world of pain.
This week we had in Katayah, for example, one of
the two mills announcing that it will be closing. I
stood with those families. They are worried about those closures,
the loss of jobs, the impact of that on their families,
(31:29):
and the fact that there aren't more jobs for them
to go into.
Speaker 15 (31:33):
What they are facing is the real possibility of having
to go to Australia like record numbers of news having
to do totally discovernment.
Speaker 3 (31:42):
Totally agree with you. It's awful and you're right. They
have broken a promise. They said they would get more
people off of the benefit. They haven't. It's gone the
other way. But I guess the question is what is
the alternative? Willa Jene Prime from labor it is eight
to six News Talk, sev B.
Speaker 1 (31:56):
The news you need this morning, and the in depth
and Elysis early edition with Ryan Bridge and Spug for
business technology that keeps business moving.
Speaker 3 (32:06):
News talks. It'd be speaks away from six news Talks.
There'd be Mike's in the studio, Good morning, Mike, Joy
to see you. Ryan, plans for that? Are you gonna
watch Trump speaks this after.
Speaker 17 (32:16):
And it's a bit so. I'm concerning the Republican Party
about and relitigating old stuff on endlessly about what's going wrong.
I'm just looking at Carolyn Leabet, who's back this morning
doing her thing, and I'm just you're sitting at home
maternity leave, and you're watching the present, You're watching the war,
You're watching the things bubbling away.
Speaker 12 (32:32):
You're thinking to.
Speaker 17 (32:33):
Yourself, probably better off at home, aren't I You know
what I mean, Yeah, it's not it's not quite the
cissan that it once was, is it.
Speaker 3 (32:39):
No? But so she was gone. We were calculating this,
Kenzy know this morning not long? Two and a half,
three months?
Speaker 15 (32:45):
Not long?
Speaker 3 (32:46):
Is that? Is that how long people normally take women normal? Well,
that's me.
Speaker 17 (32:50):
That's that's a that's a Pandora's box that you ask
at this hour of the morning. The answer, the answer
is depending who you're talking about. Obviously, I mean it's
it's I would argue, and we're on very delicate ground
here being two men talking about women's issues. But I
would argue an exceedingly short and unusually an unusually.
Speaker 3 (33:07):
Short period of time. Friend is just well, she's had
a babies now six months old, but she's had having
a year off work, some of which will be paid,
of course, something which.
Speaker 17 (33:16):
I personally would argue a year would be at the
longer end of it. I would argue, at a guess,
the average would be somewhere between six months to a year.
Speaker 3 (33:25):
So she's thinking last night about having a baby.
Speaker 17 (33:27):
Not that it's easy, No, And there was just the
thing you do on like a Thursday night.
Speaker 3 (33:33):
It's just one of those going off to sleep. I'd
like to take a year minimum.
Speaker 17 (33:37):
Yeah, easy, Well you'd be I know older gentlemen who
have been into the parenting business later in life, and
they do tend to immerse themselves in the process.
Speaker 3 (33:46):
What are you saying, I'm an older.
Speaker 17 (33:47):
Jen, it was a parent.
Speaker 3 (33:49):
How old are you? Thirty one, thirty six? That's up there.
It's getting up theatric.
Speaker 17 (33:53):
Yeah, well, not geriatric, but certainly older. You don't want
to be so old that you're physically incapable. I know
a couple who had kids in there, like early fifties,
and you think about your kids. So if you have food,
I mean berry soapie, you living bringing the example with cars,
but I mean if you if your kid at fifty
five or whatever, and your kids by the time the
twenty seventy five, so you want to be a participant
in your child's life physically.
Speaker 3 (34:15):
And you wret about to pick them up as a
toddler too, don't you? Great? Chat? Right, excellent, Have a
great Friday, Mike's with your next News Talks.
Speaker 1 (34:22):
Be for more from early edition with Ryan Bridge. Listen
live to News Talks it'd be from five am weekdays,
or follow the podcast on iHeartRadio,
The issues, the interviews and the insight. Ryan Bridge on
early edition with Spunk for Business Technology that keeps business
moving news talks.
Speaker 2 (00:10):
They'd be very.
Speaker 3 (00:11):
Good morning to you to six, half to five, Welcome
to Friday. Coming up, we look at the beneficiary numbers
at the top of the vin since in the UK,
for US, the Falkland Islands are ours. Is the UK
government after they lost the football Elliott Smith on the
ABS and ASB on our economic bounce.
Speaker 1 (00:25):
Back the agenda.
Speaker 3 (00:27):
Let's Friday the seventheenth of July. So Rans now asked
the Hohofys you know, their allies, their friends, to shut
the Red Sea route if the US targets any power infrastructure. Meanwhile,
the US is now its fifth straight nighted strikes.
Speaker 2 (00:41):
And we're doing really well with Iran.
Speaker 4 (00:45):
The Islamic Republic of Iran is not happy right now.
Speaker 5 (00:49):
They want to settle so badly.
Speaker 2 (00:50):
They don't like what we're doing and they do want
to settle.
Speaker 4 (00:53):
We'll find out whether or not we settle with them
or we just finish it off.
Speaker 3 (00:56):
Do you remember the very start of all this there
was a bombing of a school in a row. Well,
this military insider reckons the fact that the US initially
denied there was a bombing is making it very hard
to find out actually what the hell went on.
Speaker 6 (01:07):
Is Denials and exchanges with journalists ultimately undermines our efforts
to follow the established process and push behind the scenes
for total transparency. And yet the president keeps doubling down.
Speaker 3 (01:21):
Starmer's doing his farewell tour. It includes Ukraine. He's been
there in the last twenty four hours with a bunch
of more money.
Speaker 7 (01:27):
I say very clearly the UK support for Ukraine will
not waver because it has not wavered since the outbreak
of this conflict. The British people understand what is being
fought for here, our freedom and democracy values that we
will never take for granted.
Speaker 3 (01:42):
Speaking of taking well, the Falkland Islands are definitely back
in contentent this morning, so a bit of controversy after
that loss to Argentina of course for the English, so
their players from Argentina now might get a fine for
unfiling the banner that claim the Falkland Islands belonged to them.
Speaker 1 (02:00):
We know that.
Speaker 8 (02:01):
Political messaging and slogans are banned by FIFA, so they
absolutely should investigate. It was a very silly banner. The
fact is the Falkland Islands are British. Winning a football
match Argentinians does not mean you can have the Falklands.
Speaker 1 (02:16):
Still hams off Hewrett first, Ryan Bridge on early edition
with Spark for business Technology that keeps business moving.
Speaker 3 (02:25):
News talk z'd be nine two nine two is the
number of text would love to hear from you this morning.
I wonder if you went into a pub yesterday and
said to your average British punter if you could have
the Falkland Islands or a FIFA World Cup win, which
one they would take? I would hazard a guess that
would be the latter. Now, a couple of you know
we've got so many new Zealanders that move to Australia.
(02:46):
Well we now I'm going to do a regular segment
on Kiwis and Oz on the GC wherever they are.
This one is Mike Bush. You will know the name.
He was the top cop because silver here, brill cream back.
Quite a slick looking guy, talk slowly. He was in
charge March fifteen. So there's a story from the ABC
about him. Overnight. He's now the Victoria Police chief over
(03:10):
there is the top police boss in Victoria and he
was driving into the city on Wednesday in Melbourne, sees
a man running from police officers. They were trying to
arrest him. They tried to taz the room. He was
apparently carrying a knife. Turns out it was a chisel,
but that's by the bye. Anyway, he leaps out of
his car on the way to work and arrests the
(03:31):
man himself. So he's been praised quite highly in the
media this morning. Now our other key we export just
Cinder Adurn, causing controversy because Ossie taxpayers are footing the
bill eighty thousand dollars bill for tickets for bureaucrats to
go and see just Cinder a Durn speak. Do you
(03:52):
want me to say that again? Eighty thousand dollars. I
know it's crazy. So this is tickets. It's a women's
leadership so, headlined by the former New Zealand Prime minister,
five agencies paid between ten and twenty eight grand each
on tickets for this woman Unlimited Leadership Summit. It's happening
in August. Passes retail for four four hundred and ninety
(04:15):
nine dollars for a ticket. That's more than Taylor Swift's
VIP Australian tickets, I'm told, but hang on, I'll get
to the detail in the second. But this all comes
of course. You know, we spoke about Jim Chalmers and
his budget that he passed recently, and government spending at
the moment is forty years high in Australia. So he
said to the government departments, hey, time to tighten your belts.
(04:38):
Does this sound like belt tightening to you? Department of
Climate Change, Energy and the Environment and Water a lot
on their plate, fifteen thousand dollars on tickets, the Australian
Taxation Office really just to stick the knife in ten
thousand dollars on tickets. A lot of defense and cyber
intelligence and intelligence community going as well. It's build as
(05:02):
two days of insights and strategies led by Dame Decinder
Adern and other inspiring minds in leadership, followed by two
post summit online seminars that form a three month extended
learning journey. Now, the best part of the story is
what happens when you're there. Participants will take part in
networking bingo and while you are listening to sinder Adern
(05:25):
as lecture or speech or sit down fireside chat, there
will be Power pauses to reflect on key takeaways. So
the tickets ranging from twenty seven hundred the four and
a half grand one that they bought plus gist is
for VIP seating. So there you go. There's your kiwis
and ods today Bryan Bridge the Good and the Bad
(05:48):
twelve after five News Talks b We'll look at our
economy next.
Speaker 1 (05:51):
See Early edition full show podcast on iHeartRadio powered by
News Talks at me before the news breaks at first.
Ryan Bridge on Early Edition with Spark for business technology
that keeps business moving News Talks.
Speaker 3 (06:07):
There'd be five fourteen Ryan Jasindra Doom was our greatest
prime minister ever, So money well spent. I would say,
come on, I mean, I'm not arguing with you about
the merits or otherwise of just Sinda done as a
prime minister, but paying four and a half grand in
tax payer money. This is the Australians, by the way,
if you're just turning in and freaking out Australian bureaucrats
(06:27):
four and a half grand for VIP tickets to go
and hear our former prime minister speak is part of
a woman leadership series. That is a lot of money.
As I said, more than Taylor Swift and Taylor Swift
she can sing, you know, she's amazing. Hey, very quickly,
Donald Trump is going to do a speech. It's one
pm our time this afternoon, so after you've had your lunch,
you better sit down and watch Trump talk for about
(06:48):
four hours. He's going to talk about the elections. He's
going to talk about quote a couple of other things.
So maybe we'll hear about Iran as well. It is
quarter past five, Ryan Bridge, Right, he's zeeling on the
husp of an economic recovery if fuel prices stayed down.
It's according to a new report out this morning from Informetrics,
it's forecasting GDP to hit four year high two point
(07:09):
seven percent by mid next year, the OCR up to
three and a half percenter's conditions improved. Nick Tuffy asb
chief economists for the this morning. Hey, Nick, good morning. So
about on the money.
Speaker 9 (07:22):
Well, when we think of an annualized pace, you could
get growth up to about a bit over three percent
through the middle of next year, but you know, hitting
near for the full year next year growth just under
three percent, So that's fingers crossed. We do get a
bit of a decent rebound coming through in the second
half of this year.
Speaker 3 (07:42):
What about price to fuel or seeing all these stories
about go and fill up now because the price is
going to go up soon.
Speaker 9 (07:49):
Well, there's definitely that risk that they do go up
a little bit. When you look at the wholesale market,
it's at least so far the price of ale use
it's gone up a little bit, and refinery margins have
gone up a bit, But no we near the sorts
of moves that we saw early on in the war
hit and there was a lot of stress on there.
So I'm very hopeful that we're not going to see
anywhere near the sorts of lifts of fuel prices that
(08:11):
we saw, and they're going to remain substantially off their lows.
And particularly that price of diesel is the important one
because that's moving around so much of our goods and
that's where a lot of the cost pressure we've been
coming from. Earlier on in the air.
Speaker 3 (08:24):
We had beneficiary numbers out yesterday. They're up again. Unsurprisingly
given the state of things. It's although slightly I think
it was one percent quarter on quarter, But where is
that going to go? And if we get a coalition
government and again we're likely to get another round of
job cuts from the public service. What does that do well.
Speaker 9 (08:42):
We think we'll see unemployment in the short term, so
sitting around there sort of five point three five point
four percent mark. So just in the short term, you know,
employment itself being relatively soggy, but also you've got the
immigration picking up. As we head over next year, we
expect that unemployment will gradually gradually fall and we'll be
(09:02):
back below five percent whilst we're tracking through to the
end of next year. So I look gradual turnaround on
that front, but as resumption of growth, resumption of employment,
which is going to help strengthen things on that front.
Speaker 3 (09:16):
Fantastic. That's what we like to hear, although I didn't
like to hear the word soggy from your neck, thank you.
Speaker 9 (09:20):
Nick.
Speaker 3 (09:20):
Tayn is seventeen after five bit soggy that unemployment number.
But Kathy says, morning, Ryan. Have you had KFC yet, Kathy, No,
I haven't. This is after the H five flu thing yesterday,
the bird flu thing. We've got one sick bird. It
doesn't mean we won't have a million sick birds, but
let's not freak out too really, And no, I haven't Kathy,
(09:44):
I have not had CAVEC yet because Andrew Hoggard said
to me, you say you can still at cave C.
People were asking you about that. Of course, maybe I
will this weekend, Kathy, we'll get to a little bit more,
a little few more tidbits from Trump on what he's
going to say. When has the speech this up? And and
also an update from the Pacific Islands Forum. You know,
(10:04):
China fired the missile and then Winston said, well, PIFF,
which is the Pacific Islands Forum, PIF will come back
with a statement. We haven't got one yet, but a
few clues on what they might be saying. Eighteen after
five News Talks AB the.
Speaker 1 (10:18):
Early Edition full show podcast on iHeartRadio, powered by Newstalks
at b US and Views you Trust to start your day.
It's Early Edition with Ryan Bridge and Spark for Business
Technology that keeps business moving.
Speaker 3 (10:34):
News Talks AB three past five Caroline Levers giving a
briefing at the White House at the moment. This is
ahead of Trump's speech at one o'clock today, and they're
looking at expanding what they're doing in a row because
they kind of have to do something. I mean, the
Strait isn't exactly free and flowing, is it, despite what
he might be telling you. And it was never going
to be easy, and this is the problem, and you
(10:54):
have to commit a whole bunch more assets, a whole
bunch more potentially troops, certainly a lot more because the Iranians,
for you know, apparently obliterated, I think was the word
that Trump used initially. Well, they're still firing cruise missiles,
they're still doing drones. They've killed nearly a dozen in
the straight in the last week, So maybe that'll be
(11:16):
something he can address. Certainly. Caroline Levetta Is I thought
she was going on maternity leaves. She back already. I'll
have to figure that out for you and let you know.
It is twenty one after five Bridge. We've got the
Abs and the Irish at Eden Park this weekend. Reddy's
made a few changes ahead of the sold out game
or is it sold out? Josh Morby, who had a
fine debut last weekend, is then to start on the
(11:36):
left wing.
Speaker 10 (11:37):
Josh is very good defensively. I had a really good
understanding of how we want to defend. For him to
come on quite early and play with that sort of
confidence was awesome, So it gives that's a lot of
confidence to throw them out here.
Speaker 3 (11:50):
Alit Smith News Talks he'd be Voice of Rugby with
us this morning, ol Good morning morning Ryan. So the
unbeaten record is going to hold.
Speaker 11 (11:57):
I think it probably will hold in the end. Look,
it's been under three. It's most famously from South Africa
last year and they came down and the All Blacks
managed to hold on there. This Irish team, I think
always will put the frighteners up in New zealand give
them what they did the last time they toured here
in twenty twenty two. But it's probably worth remembering that
the All Blacks haven't lost to Ireland since the end
(12:18):
of that tour. Beat them in twenty three at the
World Cup, beat them in twenty four in Dublin, beat
them in twenty five in Chicago. So the All Blacks
have managed to get on top of this Irish team
over the last couple of years, and that's with a
coach that was discarded for not being on the right trajectory.
So I think this All Blacks team should be too
good for at Irish team, which is probably on the
come down from where they were in twenty twenty two
(12:41):
to twenty twenty three, when they were considered one of,
if not the best team in the world. So look,
I think the All Blacks should be too good tomorrow night.
But I think it'll be close. Good lineup, yeah, I
think so, look at it. The All Blacks have made
a couple of changes. I'm unconvinced by Tubo I moving
to blind soide flankard. They've really wants a bit more
size there. It's never quite worked in the opportunities that
(13:01):
he's been given there previously. You're moving a lock to
fly on the blind side and it doesn't come exactly naturally.
But I can see why they want to do it.
They want to combat and try and pick off the
Irish lineout and give them a bit more size and
options there on either the Bull or the Irish Bull.
And Josh Morby, as we heard from there with Dave Rennie,
very very good last week. He's good under the high ball.
(13:22):
Doesn't mean Caleb Clarke on his home turf means you
have come off the bench and had a bit of
impact later. But Josh Moilby was undeniable last week. I
thought against against the Italian so worthy of an opportunity. Otherwise,
a pretty much a full strength team by and large
from Dave Rennie for this game against Island who I'm
missing a couple of players themselves, But look, I think
by and large the All Blacks have picked a pretty
(13:44):
strong side for this one.
Speaker 3 (13:45):
Hey, Raising used to have a bit of a problem
with the end bit of the game, Rennie, seems to
be the first bit of the game. Are we going
to sort that out? Thank you?
Speaker 11 (13:52):
Would be good, wouldn't it. First two weeks of Dave
Rine's Senior considered an early try in the first two
or three minutes. I sought that out along with the
TMO as you mentioned earlier in the week, Ryan, and
we might be flying from the All Blacks. So look,
there's been positive signs in the first couple of weeks.
Last it was maybe a tiny we step backwards from
France and christ Church, but I think bill Blacks will click.
They really love playing at Eden Park and try to
(14:14):
make it, you know, not the fear of losing the record,
but embracing what it means to play there. They get
everything right, it clicks. Hopefully the All Blacks win and
will well to my night.
Speaker 3 (14:24):
Good stuff, Elliott Elliot Smith, News Talk, zeb's Voice of Rugby.
That's on ZB Saturday. It is twenty four after five.
Speaker 1 (14:31):
Ryan Bridge.
Speaker 3 (14:31):
I tried to actually look for tickets because I said,
Eden Park, it's just down the road. Could go along
on Saturday night. It's not technically sold out. I don't
know how full it has to get before they say
it's sold out. But it's not one hundred percent because
you go on there and there are still tickets Availablely,
you have to be on your own in certain parts
of the stadium, or you can pay one. There were
(14:52):
two tickets next to each other still for sale. I thought, oh,
how much are they? Three hundred and thirty dollars Speaking
of ticket prices this morning, three hundred and thirty dollars
per ticket. It was a VIP package, but you had
something obstructing your view, presumably some sort of column or pillar,
which there's a lot of money for potentially seeing not much.
Twenty five after five, twenty seven after five news talks,
(15:15):
there'd be welcome to New Zealand, land of earthquakes, stormy
weather and absolute natural beauty. Another reminder overnight of just
how shaky these aisles can be. I hope everyone's all
right this morning. It's always a bit hard to get
back to sleep after you get a decent jolt, and
it sounds like you had a decent jolt in the
Deep South last night. We've always had storms, of course
damage from storms in this country, but of late we've
(15:36):
had more, more often doing more damage. That's according to
the insurance companies. All right, they came out and said that,
and it's costing more. We've got a bird sick and
patoni and people are freaking out. It's not yet clear
how that situ situation is going to play out poultry wise,
but it is again another reminder of threats to industry
that you cannot control, like foot and mouth, which if
(15:58):
it took hold here would be stating. All of this
is to say there are a lot of things that
can go wrong in this country and do go wrong
in this country, and often enough that it's actually quite predictable.
You know, we are in the top ten countries for
earthquakes around the world, so it's not surprising, although it
is still shocking when it happens. So we need a buffer,
we need headroom, we need room for borrowing. And this
(16:20):
comes to the point about debt, and the political parties
haven't yet told us where they are at with debt. Okay,
National has set out the trajectory as part of a government.
But when are we going to hear from labor about
their borrowing limits? When are we going to hear from
New Zealand first about how much they think we can handle?
(16:40):
Because debt servicing, this is paying for the interest on
the debt is now the fourth largest line item on
the government's books according to Treasury, and the interest bill
has gone from three point six billion dollars a year
in twenty fourteen to now nearing ten billion dollars a year.
(17:01):
That's just servicing the interest. It's more than we pay
for police, for corrections, for Ministry of Justice, for customs,
and defense combined defense included. So I think it's high
time and last night was a good reminder that the
political parties come out and tell us exactly how much
they think we should be borrowing and when we should
be paying it back.
Speaker 1 (17:21):
Ryan Bridge, if.
Speaker 3 (17:23):
Every nine after folk. Caroline Leavitt, by the way, Kinsey's
just told me, is back from her maternity leave already,
which she left late April, so she's had two and
a half three months. Will that be normal? I don't know.
I've never had it and I never will. News Talk
(17:43):
zeb We're in the UK.
Speaker 1 (17:45):
Next the early edition Full the Show podcast on iHeartRadio
powered by News Talks ev Ryan Bridge on early edition
with Spark for business technology that keeps business moving. News
Talk zby.
Speaker 3 (18:14):
Four away from six year on News talks 'b Why
on Earth? I'll be playing this April Levende song to you.
This is skater Boy. You might remember it from the
early two thousands, early to mid two thousands. Apparently she
sung this avel. Evended at Taylor Swift's wedding to Travis
Kelcey at Madison Square Garden just a few weeks ago. Now,
Stevie Nicks was there. Stevie Nicks played too. It's a
(18:37):
bit of a banger if you're of the right generation, right,
if you were interested in the football yesterday, and I think,
well globally a lot of interests in New Zealand. Yep,
it's a bit of interest here too. Goldman Sachs correctly
predicted because everyone thought it was going to be France
that go through to the final and then France would win.
Goldman Sachs correctly predicted more than a month ago that
(18:57):
we would have an Argentina Spain final. So they're onto something.
They have a model that they have been using and
they've refined since twenty fourteen. They look at a team's
past performance, they look at the scoring talent, they look
at the momentum, and they also look at the geography
because teams tend to perform better when they are closer
to home. So they put all of those things together
(19:18):
and they correctly predicted three of the four semi finals,
and they correctly predicted who would be in the final,
and they think Spain. Wireman, there you go, twenty three.
Speaker 1 (19:28):
To six, Bryan Bridge.
Speaker 3 (19:30):
We'll get to the UK in about ten minutes time,
by the way, and we'll talk about the beneficiary numbers
just before six. But now it's to go to our
reporters around the country. Clum and Eden Morning Callum, Morning, Ryan.
How was that quake for you?
Speaker 12 (19:43):
I think I'm the only one in the South Island
that didn't feel it.
Speaker 3 (19:48):
In my sleeper.
Speaker 13 (19:49):
Well, I was up walking about at the time and
then the dog jumped on me.
Speaker 3 (19:53):
Right at that moment.
Speaker 12 (19:54):
I said to the wife that it was just the dog.
She says, no, no, no, it was more than the dog.
Speaker 3 (19:58):
It was.
Speaker 13 (19:59):
It was an earthquake, and in fact it was confirmed
as such, and it's been locked in at a six
point three magnitude earthquake.
Speaker 2 (20:06):
Ryan.
Speaker 13 (20:06):
It was downgraded initially to five point nine, but it
looks to have been confirmed now six point three.
Speaker 12 (20:12):
It was struck about nine point fifteen last night.
Speaker 13 (20:15):
It was centered forty k's north of Tiano at a
depth of fifty one kilometers. Civil Defense briefly announced the
tsunami warning for the southern West coast from Milford Sound
Down before downgrading that alert. The Geonette website suggests more
than eighteen and a half thousand reported feeling the quake
from as far away as in the Cargo. Also, Omaru
(20:35):
callers to newstalk's He'd Beat described ladders, shaking, clock, pendulum swinging.
The districts south and district council says some houses have cracks.
Speaker 12 (20:43):
But it seems like everyone's most of the okay.
Speaker 3 (20:45):
That is good news. How's your weather?
Speaker 12 (20:47):
It's fine, heyrees today, light winds fourteen the high nice one.
Speaker 3 (20:50):
Thanks Callum and Clears and Christ. Its morning, Claire, good morning.
You've got a merger between Selwyn and christ Church councils potentially.
Speaker 14 (20:59):
Well look here, it's certainly not off the table, but
it's not a front runner either. Selwyn District Council is
consulting residents over the next ten days on three options.
That is to become a standalone unitary authority, to merge
South with Ashburton, or join christ Church and Wymukededdi. Now
most Selwyn councilors favor the first two options. Meyor Lydia
(21:20):
Gliddon tells us she hears concerns about a christ Church
merger from residents daily. She says they wanted to put
an option up to test the sediment within the community,
even though it is not necessarily a preferred option. Christ
Church is considering staying by itself or potentially combining with
either Selwyn or North to Way. Mukdeddi Film Major says
(21:41):
the merger could work. Varci hasn't campaigned too hard.
Speaker 8 (21:44):
On the idea.
Speaker 3 (21:45):
All right, how's your weather, but frosty out there this morning.
Speaker 14 (21:48):
She'd clear to find light winds and thirteen degrees.
Speaker 3 (21:51):
One, thank you and Tobias and Wellington has good morning rhyme,
what's happening with the headstones and Potida.
Speaker 4 (21:57):
Well, this is a warning that's been put out by
city council. So it says it's been made aware of
certain people engaging with a family to arrange a headstone
for their late mother in one of the city cemeteries.
This morning. Family has now unfortunately been left substantiously substantially
out of pocket after dealing with what they're calling a
suspicious headstone provider. We've seen similar The four families paid
(22:21):
thousands of dollars last year to a Hamilton based company
for headstones that were just never delivered. The council says
police may now be involved as the family paid money
and have no headstone to show for it. The Council's
urging people to be vigilant and ensure those being dealt
with are part of a registered monumental mason company.
Speaker 3 (22:39):
What a terrible thing to do. How's your weather?
Speaker 4 (22:42):
It's going to be an all around fine day here
in the capital. Few northeries but otherwise suns out and
thirteen degrees the high.
Speaker 3 (22:48):
Thanks to birds. Have a good day mate. Wendy's in Auckland.
Good morning, Wendowing morning. Always love you to see you.
Does man need a bit of security?
Speaker 5 (22:54):
Do you reckon Auklandia Wayne Brown says he is exploring
additional security measures after a dunkin man took a swing
at him at a National Party fundraiser dinner last month.
The mayor's account conflicts with the other descriptions of a spat,
which describes sharp words and broken glass, but no attempted violence.
A statement from Brown's office link the incident to what
(23:14):
he's called a threatening sentiment stirred up by lobby groups
like the Auckland rate Payers Alliance. In response, the alliances,
the idea that groups calling out the mayor for his
record high rates rise and behavior at council meetings is
somehow provoking violence is bizarre.
Speaker 3 (23:29):
Again, he would have been on his crutches then, to
remember he got his hip or his knee, But I
always forget which one done. So that you shouldn't have
had a man like that. Should we shouldn't hit a man? Ever?
How's that weather?
Speaker 5 (23:40):
Well, God, it's been lovely, hasn't it?
Speaker 15 (23:42):
So?
Speaker 5 (23:43):
Some cloudy parents the odd shower this morning, then it's fine, southwesterlies,
a high of sixteen degrees and just a tip. It
looks like the weekend is looking good too.
Speaker 3 (23:51):
Dvine Wendy Vine good news, good news, eighteen minutes away
from six year on news talks. He'd be Britain by
the way. We'll get its new prime minister next week,
Andy Burnham coming into office and he will be happy
with the GED as happy as you can be. GDP
grew byero point one percent in May, but it did
shrink by point one in April. For the quarter January
(24:12):
to March it was up point six, so I mean
at least it's going somewhat even a little bit in
the right direction. Before he takes office and takes over
from Starmer who's been in Ukraine, it is eighteen two six.
Now we'll get to the UK next and we will
hear about this. This is King Charles pouring a pint
after England lost the football.
Speaker 5 (24:34):
Maybe it's a good day to drag a few sorrows.
Speaker 3 (24:38):
Indeed, we're in the UK next International correspondence with ends
and eye insurance, peace of mind for New Zealand Business
quarter to six will talk unemployment in the second. First
it's going to our UK correspond to Vincent macavn e.
Vincent Starma's been in Ukraine with more money.
Speaker 16 (24:55):
Yeah, that's right. His final visit as Prime Minister. He
thought he might have been going to the World Cup
final on Sunday, but no. His final visit is to Ukraine,
where he's announced around a quarter of a billion pounds
fresh funding for Ukraine and its battle against Russia and
including sixteen new advanced aircraft. And whilst he was there,
(25:17):
he was awarded a medal an Order of Freedom by
President Vladimir Zelensky, the highest civilian honor of Ukraine, for
his unwavering support. It's something that Salmas sort of touched
on yesterday when he was at PMQ's saying it was
lasked about his sort of proudest moment and he said
that it was for the country. He said, the moment
(25:39):
when Zelenski came to the UK after that awful meeting
in the Oval Office and he was greeted by rapture
of s applause by people who just came out to
Downing Street to see him, and the sort of way
that the UK has supported them with the rest of
Europe and the Trump administration. So a big day for
him in Kiev today, and.
Speaker 3 (25:58):
The UK government not happy about that after they lost
the football we use today.
Speaker 16 (26:04):
Yeah, very unhappy this banner, which read last Malvinas on Argentinas.
Last Malvinas is the Argentine name for the Falkland Islands.
Of course, the war that was fought between the nations
over the islands in the early nineteen eighties is a
sore point for the Argentinians. The UK government has said
the World Cup might not be ours, but the Falkland
Islands definitely are, and when asked the Prime Minister spokesperson
(26:28):
about his thoughts on the final he said, we're cheering
on the teams, especially Spain, so that is the mood
from Downing Street. There is the prospect of disciplining action
from FIFA because of holding that banner, and there are
strong calls from UK politicians for FIFA to do so
because there was an incident a couple of years ago
where FIFA took huge issue with UK teams having a
(26:52):
poppy on their shirts during Remember and Sunday period and
saying it was a political symbol and that wasn't appropriate,
and there was a huge backlash in the UK saying
this is sort of beyond the political symbol in this country.
It's about remembrance and FIFA were very difficult in that issue.
So there is hope now that they'll take some action
against Argentina over this.
Speaker 3 (27:12):
Absolutely, how good to have you, Vincent Macavini are UK
europe correspondent. It is twelve minutes away from six Bridge.
You talk said. The number of beneficiaries on job seeker
went up at percent over the last quarter. Two hundred
and eighteen thousand people right now are receiving a benefit
because they can't find a job. The target by this
government is one hundred and forty thousand that needs to
(27:33):
happen by twenty thirty. Government reckons eighty six thousand people
found work and stop their benefit in the year to June,
up six thousand on the previous year. However, clearly there
have been more people going on as well. Labor left
office with about one hundred and ninety thousand on this.
Will Ogen Prime is a Labour's Social Development employment spokesperson
Will e Egen. Good morning, Good morning, Brian. What do
(27:54):
you put that down to the fact that people are
more people are going on the benefit.
Speaker 2 (28:00):
Up?
Speaker 15 (28:00):
That down to the failed promise of Christopher Luxin to
improve the cost of living to fix the economy and
their promise.
Speaker 2 (28:07):
Of reducing job seeker beneficiaries down by fifty thousand.
Speaker 11 (28:12):
What we have seen.
Speaker 2 (28:13):
International is an increase by almost more than twenty eight thousand.
Speaker 15 (28:19):
Moving on to job seeker support.
Speaker 3 (28:21):
The economy, isn't that like if you don't fix there,
because you don't have a good economy, there aren't the
jobs people, then they won't be able to go and
get the jobs.
Speaker 2 (28:30):
That's right, and Chrystopher Leuxen when coming into government, promised
that he would fix the economy. But instead what we've
seen is more go on to job seeker benefit and
also unemployment numbers are higher under this government. We've seen
this government make investment decisions into the wrong things like
tobacco companies and landlords, and the cut and delaid infrastructure
(28:54):
projects which in building and construction led to a loss
of twenty thousand jobs are in that sector alone.
Speaker 3 (29:01):
Some of the projects were done though, what about so
I mean you've agreed it's the economy. So if labor
was in government, are you saying that we would have
more economic growth than we currently have and therefore there
would be more jobs.
Speaker 2 (29:17):
So Labor is committed to a long term investment and infrastructure,
making sure that we are building the road, the hospitals
that we need.
Speaker 3 (29:26):
But what I'm asking because you said it's national fault,
because if it's nationals in government and we don't have
the economy to support the jobs. So are you saying
if labor was in power right now, we would have
more growth than we are currently experiencing.
Speaker 2 (29:39):
So what we're dealing with is what the government promised
they would deliver and the fact we don't know through
this report.
Speaker 3 (29:46):
You said that, But what I'm asking you is if
we had voted for you, would it be different.
Speaker 2 (29:52):
So if well that the fact is that that didn't happen,
and we have the government making a promise and then
say failing to deliver on their promise. What Labor is
saying coming into this election is that we will do
things like we will expand the apprenticeship boost out to
two years and to more areas in the trades, and
(30:14):
that will create real pathways to employment, to qualifications and
higher wages for people.
Speaker 3 (30:21):
Do you know what growth was for the March quarter.
Speaker 2 (30:24):
I don't have that figure on me, but what I
know is that the job seeker numbers grew.
Speaker 3 (30:29):
Do you know what it was for the last three.
Speaker 2 (30:30):
Thousand and so the job second numbers grew by three
thousand to March nine thousand this time last twenty eight
thousand under this government.
Speaker 3 (30:42):
You know what growth was for the year, even.
Speaker 15 (30:45):
I don't have that forgerumby Ryan, do you yeah, I do.
Speaker 3 (30:49):
It was a one and a half percent to March.
This was the most recent number we got. Of course,
we don't get Jones until September. But the point is
you've come on here and you've told me that all
of those problems you're outlining about jobs to do with
the economy. However, you don't know how much the economy
is growing by or whether you were doing better. You
know what I mean?
Speaker 2 (31:06):
Dis government, which dis government Ryan promised that they would fix.
And what I am hearing and what I am seeing
is that our communities are in a world of pain.
This week we had in Katayah, for example, one of
the two mills announcing that it will be closing. I
stood with those families. They are worried about those closures,
the loss of jobs, the impact of that on their families,
(31:29):
and the fact that there aren't more jobs for them
to go into.
Speaker 15 (31:33):
What they are facing is the real possibility of having
to go to Australia like record numbers of news having
to do totally discovernment.
Speaker 3 (31:42):
Totally agree with you. It's awful and you're right. They
have broken a promise. They said they would get more
people off of the benefit. They haven't. It's gone the
other way. But I guess the question is what is
the alternative? Willa Jene Prime from labor it is eight
to six News Talk, sev B.
Speaker 1 (31:56):
The news you need this morning, and the in depth
and Elysis early edition with Ryan Bridge and Spug for
business technology that keeps business moving.
Speaker 3 (32:06):
News talks. It'd be speaks away from six news Talks.
There'd be Mike's in the studio, Good morning, Mike, Joy
to see you. Ryan, plans for that? Are you gonna
watch Trump speaks this after.
Speaker 17 (32:16):
And it's a bit so. I'm concerning the Republican Party
about and relitigating old stuff on endlessly about what's going wrong.
I'm just looking at Carolyn Leabet, who's back this morning
doing her thing, and I'm just you're sitting at home
maternity leave, and you're watching the present, You're watching the war,
You're watching the things bubbling away.
Speaker 12 (32:32):
You're thinking to.
Speaker 17 (32:33):
Yourself, probably better off at home, aren't I You know
what I mean, Yeah, it's not it's not quite the
cissan that it once was, is it.
Speaker 3 (32:39):
No? But so she was gone. We were calculating this,
Kenzy know this morning not long? Two and a half,
three months?
Speaker 15 (32:45):
Not long?
Speaker 3 (32:46):
Is that? Is that how long people normally take women normal? Well,
that's me.
Speaker 17 (32:50):
That's that's a that's a Pandora's box that you ask
at this hour of the morning. The answer, the answer
is depending who you're talking about. Obviously, I mean it's
it's I would argue, and we're on very delicate ground
here being two men talking about women's issues. But I
would argue an exceedingly short and unusually an unusually.
Speaker 3 (33:07):
Short period of time. Friend is just well, she's had
a babies now six months old, but she's had having
a year off work, some of which will be paid,
of course, something which.
Speaker 17 (33:16):
I personally would argue a year would be at the
longer end of it. I would argue, at a guess,
the average would be somewhere between six months to a year.
Speaker 3 (33:25):
So she's thinking last night about having a baby.
Speaker 17 (33:27):
Not that it's easy, No, And there was just the
thing you do on like a Thursday night.
Speaker 3 (33:33):
It's just one of those going off to sleep. I'd
like to take a year minimum.
Speaker 17 (33:37):
Yeah, easy, Well you'd be I know older gentlemen who
have been into the parenting business later in life, and
they do tend to immerse themselves in the process.
Speaker 3 (33:46):
What are you saying, I'm an older.
Speaker 17 (33:47):
Jen, it was a parent.
Speaker 3 (33:49):
How old are you? Thirty one, thirty six? That's up there.
It's getting up theatric.
Speaker 17 (33:53):
Yeah, well, not geriatric, but certainly older. You don't want
to be so old that you're physically incapable. I know
a couple who had kids in there, like early fifties,
and you think about your kids. So if you have food,
I mean berry soapie, you living bringing the example with cars,
but I mean if you if your kid at fifty
five or whatever, and your kids by the time the
twenty seventy five, so you want to be a participant
in your child's life physically.
Speaker 3 (34:15):
And you wret about to pick them up as a
toddler too, don't you? Great? Chat? Right, excellent, Have a
great Friday, Mike's with your next News Talks.
Speaker 1 (34:22):
Be for more from early edition with Ryan Bridge. Listen
live to News Talks it'd be from five am weekdays,
or follow the podcast on iHeartRadio,
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